Manufacturing Acquisitions in 2022
Acquisition Volume in Manufacturing in 2022 by Year
Last 5 years
-
December 31, 2022
- Buyer
- Modern Litho - St. Louis (Modern Litho)
- Target
- Scotts Printing
- Seller
- Davis Wilson
- Industry
- Manufacturing
- Location
- Missouri, United States
- Type
- Buyout
Modern Litho-St. Louis has acquired Scotts Printing of Rolla, Missouri, effective December 31, 2022. The acquisition expands Modern Litho's regional printing capacity and capabilities (offset, digital, bindery/finishing) and consolidates Scotts Printing's operations into Modern Litho's St. Louis facility.
-
December 30, 2022
- Buyer
- Trinity Industries, Inc.
- Target
- Holden America
- Industry
- Manufacturing
- Location
- Quebec, Canada
- Type
- Buyout
Trinity Industries, Inc. acquired Holden America for an initial purchase price of $70 million plus a minimum of $5 million per year for the next two years. Holden America manufactures multi-level vehicle securement and protection systems, gravity-outlet gates and gate accessories for freight rail; the deal adds a market-leading bi-level chock system to Trinity's autorack product portfolio and expands its higher-margin aftermarket parts exposure. The acquisition closed on December 30, 2022, and Trinity will retain all Holden employees.
-
December 29, 2022
- Buyer
- Argosy Private Equity, Stone River Capital Partners
- Target
- Unisorb Installation Technologies
- Industry
- Manufacturing
- Location
- Michigan, United States
- Type
- Buyout
Argosy Private Equity, alongside Stone River Capital Partners, acquired Unisorb Installation Technologies, a Michigan-based maker of engineered installation products for machinery. Argosy said the investment will support product development, strategic initiatives and expansion into end markets such as power generation as part of its sixth lower middle market fund.
-
- Buyer
- Torque Capital Group
- Target
- Metal Forming & Coining Corporation (MFC / Netform)
- Seller
- Paul Kessler
- Industry
- Manufacturing
- Location
- Michigan, United States
- Type
- Buyout
Torque Capital Group, a middle-market private equity firm, has acquired Metal Forming & Coining Corporation (MFC / Netform), a manufacturer of advanced flow-formed and cold-formed components serving automotive and truck powertrain markets. The acquisition will support investment in technology, people and capabilities to expand MFC / Netform’s product offerings and address evolving powertrain needs including electrification.
-
December 27, 2022
- Buyer
- ASSA ABLOY, HID Global
- Target
- Janam Technologies
- Industry
- Manufacturing
- Location
- New York, United States
- Type
- Buyout
ASSA ABLOY, through its HID Global business, acquired Janam Technologies, a US-based maker of rugged handheld mobile computers and readers, to expand its event access and reader product portfolio. The acquisition brings Janam’s barcode, RFID and NFC-enabled readers into HID’s Events & Mobility Solutions unit, enhancing HID/ASSA ABLOY’s capabilities for venue access, ticketing and enterprise mobile computing.
-
December 22, 2022
- Buyer
- Andra Tech Group, Equistone Partners Europe
- Target
- Mayer Feintechnik GmbH
- Seller
- Frank Neuschulz
- Industry
- Manufacturing
- Location
- Lower Saxony, Germany
- Type
- Addon
Andra Tech Group, a Netherlands-based precision parts group majority-owned by Equistone Partners Europe, has acquired Mayer Feintechnik GmbH, a Göttingen-based specialist in precision metal components. The deal (an add-on to the Andra Tech platform) expands ATG's presence into Germany and strengthens capabilities in cleanroom assembly and small-to-medium batch manufacturing; former majority shareholder and CEO Frank Neuschulz sold his stake and will reinvest in the combined group.
-
December 22, 2022
- Buyer
- Marcal Paper
- Target
- von Drehle Corporation
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Type
- Buyout
Marcal Paper has acquired von Drehle Corporation, a provider of towel and tissue products for the away-from-home market. Von Drehle will operate as a division of Marcal, expanding Marcal's manufacturing footprint and scale across the East Coast and nationwide; financial terms were not disclosed.
-
December 21, 2022
- Buyer
- Lacerta Group, LLC, SK Capital Partners
- Target
- Portage Plastics Corporation, PPC Investments, LLC
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Type
- Buyout
Lacerta Group acquired substantially all the assets of Portage Plastics Corporation and PPC Investments, LLC (together, Portage Plastics) on December 21, 2022, expanding its production footprint into Portage, Wisconsin. The deal included retention of more than 50 Portage Plastics employees and will support Lacerta's efforts to better serve customers in the Midwest and Central United States; Lacerta is a portfolio company of SK Capital Partners.
-
December 20, 2022
- Buyer
- Appvion, Wynnchurch Capital, L.P.
- Target
- Decorative Films, LLC
- Industry
- Manufacturing
- Location
- Maryland, United States
- Type
- Addon
Appvion, a portfolio company of Wynnchurch Capital, has acquired Decorative Films, LLC, a Frederick, Maryland-based manufacturer of adhesive decorative, privacy, and functional window films. The add-on expands Appvion's engineered media and film solutions platform, broadening its product portfolio for commercial, residential and automotive end markets.
-
December 19, 2022
- Buyer
- River Associates Investments, LP
- Target
- Caster Connection, LLC
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
River Associates Investments acquired Caster Connection, a Columbus, Ohio-based supplier and manufacturer of industrial casters, in a transaction that closed on December 19, 2022. River funded the deal from its River VIII fund with financing from Abacus Finance and plans to grow Caster Connection as a platform and pursue add-on acquisitions.
-
December 19, 2022
- Buyer
- Engineered Foam Packaging (EFP)
- Target
- NatureKool, Inc.
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Type
- Buyout
Engineered Foam Packaging (EFP), a unit of EFP, LLC., has acquired NatureKool, Inc., a North Carolina-based maker of natural-fiber insulated shippers. The deal expands EFP's Temperature Solutions Group product set with compostable, curbside-recyclable natural-fiber thermal packaging and strengthens its cold-chain and sustainable packaging capabilities for pharmaceutical and food customers.
-
December 19, 2022
- Buyer
- Shoreline Equity Partners, LLC
- Target
- C&S Chemicals, Inc.
- Industry
- Manufacturing
- Location
- Georgia, United States
- Type
- Recapitalization
Shoreline Equity Partners has partnered with C&S Chemicals, a Marietta, Georgia-based provider of water treatment and animal health chemicals, to support the company’s growth strategy. The Chandler brothers retain a significant ownership stake and will continue to lead the business as Shoreline provides capital and acquisition expertise to pursue organic growth and add-on acquisitions.
-
December 15, 2022
- Buyer
- Rainier Industries, LFM Capital
- Target
- Eclipse Shading Systems
- Industry
- Manufacturing
- Location
- New York, United States
- Type
- Addon
Rainier Industries, a portfolio company of LFM Capital, has acquired Eclipse Shading Systems, a Middletown, New York manufacturer of retractable awnings and solar shades. The add-on acquisition is intended to expand Rainier's East Coast production footprint, optimize manufacturing processes, and broaden dealer reach across the United States; financial terms were not disclosed.
-
December 15, 2022
- Buyer
- Electric Research and Manufacturing Cooperative, Inc. (ERMCO), Arkansas Electric Cooperatives, Inc. (AECI)
- Target
- Spire Power Solutions L.P.
- Seller
- Mill Point Capital LLC
- Industry
- Manufacturing
- Location
- Georgia, United States
- Type
- Buyout
Electric Research and Manufacturing Cooperative, Inc. (ERMCO), a subsidiary of Arkansas Electric Cooperatives, Inc. (AECI), has acquired Spire Power Solutions L.P. from Mill Point Capital. The deal combines two North American transformer manufacturers to expand production capacity and extend product offerings into renewable energy and data center markets.
-
December 15, 2022
- Buyer
- Midwest Growth Partners, Summit Equity Group, NewSpring Mezzanine, Company management
- Target
- Manitowoc Tool & Machining
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Type
- Buyout
Midwest Growth Partners and Summit Equity Group, with mezzanine financing from NewSpring Mezzanine and a management rollover, completed an acquisition of Manitowoc Tool & Machining (MTM). The transaction positions MTM — a precision, production-oriented contract manufacturer serving OEM customers across agriculture, HVAC, aerospace & defense, medical and logistics/e-commerce — for continued growth and expanded capabilities under sponsor ownership.
-
December 15, 2022
- Buyer
- Fortis Solutions Group LLC, Harvest Partners, LP
- Target
- Cinton, Inc. (d/b/a West Coast Labels)
- Seller
- Sam Scaffide
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Addon
Fortis Solutions Group LLC, a portfolio company of Harvest Partners, acquired Cinton, Inc. (d/b/a West Coast Labels), a Placentia, California-based pressure-sensitive label printer. The acquisition expands Fortis’s presence in the Los Angeles market and broadens its digital and flexographic label printing capabilities; terms were not disclosed.
-
December 14, 2022
- Buyer
- Foresight Group, Midlands Engine Investment Fund (MEIF), University of Nottingham, Minerva Angel Investor Group
- Target
- Texture Jet Limited
- Industry
- Manufacturing
- Location
- Nottinghamshire, United Kingdom
- Type
- Growth capital
Foresight Group, via the Midlands Engine Investment Fund, has provided a £400,000 growth capital investment into TextureJet as part of a wider £650,000 round also including the University of Nottingham and members of the Minerva Angel Investor Group. The funding will enable the Nottingham-based spin-out to scale production of its patented surface texturing machines, expand its team and pursue overseas market expansion across aerospace, automotive and medical device end markets.
-
- Buyer
- Maple Hill Capital
- Target
- Warne Scope Mounts
- Seller
- Salt Creek Capital
- Industry
- Manufacturing
- Location
- Oregon, United States
- Type
- Buyout
An affiliate of Maple Hill Capital has acquired Warne Scope Mounts from Salt Creek Capital. Warne, a U.S.-based manufacturer of firearm scope mounting systems founded in 1991 and headquartered in Tualatin, Oregon, will be positioned for further scaling and capability expansion under the new ownership.
-
December 12, 2022
- Buyer
- Brookside Capital Partners, Valesco Industries, LLC
- Target
- Principal LED, Inc.
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Growth capital
Brookside Capital Partners provided subordinated debt and a preferred-equity co-investment to support the growth strategy of Principal LED, Inc., a San Angelo, Texas-based manufacturer of LED modules and lighting components. Principal is an existing portfolio company of Valesco Industries, LLC; the capital package is intended to support the company's expansion and growth initiatives in the electrical sign and architectural illumination markets.
-
December 9, 2022
- Buyer
- Electrical Components International, Inc.
- Target
- Britech, Inc.
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Type
- Addon
Electrical Components International (ECI), a Cerberus-backed global supplier of electrical distribution systems and assemblies, has acquired Britech, Inc., a specialty manufacturer of wire harnesses, cable assemblies and control panels based in Allentown, Pennsylvania. The acquisition expands ECI's capabilities and presence in the high-growth global semiconductor market and will keep Britech operating under its current management at its 50,000 sq. ft. Allentown facility.
-
December 9, 2022
- Buyer
- Forged Solutions Group, Arlington Capital Partners
- Target
- Continental Forge
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Addon
Forged Solutions Group (an Arlington Capital Partners portfolio company) has acquired Continental Forge, a precision near-net shape forging and machining supplier to the military and commercial aerospace industries. The acquisition expands FSG's manufacturing capabilities into precision aluminum forgings and brings Continental Forge's long-standing customer relationships and certifications onto the FSG platform.
-
- Buyer
- Dussur (The Saudi Arabian Industrial Investments Company)
- Target
- Italmatch Chemicals
- Seller
- Bain Capital Private Equity
- Industry
- Manufacturing
- Location
- Liguria, Italy
- Type
- Growth capital
Saudi industrial investor Dussur has signed an agreement to acquire a minority stake (expected to be less than 20%) in Italmatch Chemicals from Bain Capital Private Equity and will invest an additional €100 million via a capital increase. The transaction, expected to close in H1 2023 subject to customary approvals, aims to strengthen Italmatch's presence in the Middle East and support regional localization and growth.
-
December 9, 2022
- Buyer
- SyBridge Technologies (SyBridge Digital Solutions LLC), Crestview Partners
- Target
- Fast Radius, Inc.
- Seller
- Fast Radius, Inc. (bankruptcy estate)
- Industry
- Manufacturing
- Location
- Illinois, United States
- Type
- Addon
SyBridge Technologies (via affiliate SyBridge Digital Solutions LLC), a Crestview Partners-backed industrial technology platform, was selected as the winning bidder to acquire most of the operating assets of Fast Radius, Inc. in a bankruptcy asset sale. SyBridge intends to retain the Fast Radius brand and offer employment to a majority of Fast Radius staff while integrating Fast Radius' prototyping, additive manufacturing and software capabilities into its global manufacturing network.
-
December 8, 2022
- Buyer
- Laird Connectivity
- Target
- Boundary Devices
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Buyout
Laird Connectivity has acquired Boundary Devices, a Lake Forest, California-based designer and manufacturer of System-on-Modules (SOM) and Single Board Computers (SBC). The deal expands Laird Connectivity's embedded computing product portfolio and combines Boundary Devices' SOM/SBC capabilities, U.S.-based manufacturing and software support with Laird's wireless connectivity offerings.
-
December 7, 2022
- Buyer
- Stratus, Vestar Capital Partners
- Target
- Comet Signs
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Addon
Stratus, a Vestar Capital Partners-backed brand implementation and facilities services platform, acquired San Antonio-based Comet Signs to expand its production and installation capabilities in the Southwest and Western U.S. The deal adds Comet’s manufacturing footprint across Austin, Dallas, Houston, San Antonio and Tyler and increases Stratus’s ability to serve national blue‑chip customers; terms were not disclosed.
-
December 7, 2022
- Buyer
- Mangrove Equity Partners
- Target
- Atlas Greenhouse
- Seller
- Mark Davis (owner of Atlas Greenhouse)
- Industry
- Manufacturing
- Location
- Georgia, United States
- Type
- Buyout
Mangrove Equity Partners, a Tampa-based lower middle-market private equity firm, has acquired Atlas Greenhouse, an Alapaha, Georgia-based manufacturer and distributor of commercial greenhouses and related accessories. Heritage Capital Group served as Atlas's exclusive financial advisor; Mangrove said it will partner with Atlas president Mark Davis to professionalize operations and support the company's next phase of growth.
-
December 7, 2022
- Buyer
- Weaver Leather, Blue Point Capital Partners
- Target
- Ohio Travel Bag
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Addon
Weaver Leather, a Blue Point Capital Partners–backed platform, has acquired Ohio Travel Bag (OTB), a Solon, Ohio–based distributor of specialty hardware, fittings and supplies serving leather goods, pet/equine, handbags and crafts markets. The add-on expands Weaver's product portfolio and strengthens local customer relationships with support from Blue Point.
-
December 7, 2022
- Buyer
- Milton Industries, Levine Leichtman Capital Partners (LLCP)
- Target
- ProMAXX Tool
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Type
- Buyout
Chicago-based Milton Industries, in partnership with financial sponsor Levine Leichtman Capital Partners (LLCP), has acquired ProMAXX Tool, a designer and manufacturer of on-the-vehicle exhaust manifold repair kits and specialty hand tools. The acquisition expands Milton's product offering and market channels in the automotive and heavy-duty truck aftermarket; ProMAXX's founder Jeff Del Rossa will lead Milton's Specialty Tool Group.
-
December 6, 2022
- Buyer
- Burke Porter Group
- Target
- Quantum 3
- Industry
- Manufacturing
- Location
- County Clare, Ireland
- Type
- Buyout
Burke Porter Group (BPG) has acquired Quantum 3 (Q3), a Ireland-based designer and builder of modular aluminium framing systems and turnkey production line solutions for medical and life sciences manufacturers. The acquisition expands BPG's life sciences capabilities and footprint in Ireland while keeping Q3 founders and leadership in place to support integration and continued growth.
-
December 6, 2022
- Buyer
- Albers Aerospace
- Target
- Garrett Container Systems
- Industry
- Manufacturing
- Location
- Maryland, United States
- Type
- Buyout
Albers Aerospace has acquired Garrett Container Systems (GCS), a manufacturer of aluminum storage, shipping containers and tactical kits. GCS will continue operating from Accident, Maryland as a wholly owned subsidiary of Albers, which plans to expand the business including operations in Amarillo, Texas; the acquisition strengthens Albers' capabilities to support military customers.
-
December 6, 2022
- Buyer
- Fogco
- Target
- Snap-Fan Solar National Air Propulsion
- Seller
- Lucien Eddisford
- Industry
- Manufacturing
- Location
- Arizona, United States
- Type
- Buyout
Fogco, a Chandler, Arizona manufacturer of high-pressure fog and misting systems, has acquired Snap-Fan Solar National Air Propulsion, a maker of energy-efficient and solar-powered ventilation equipment for commercial, residential and horticulture markets. The acquisition expands Fogco's product capabilities in ventilation and horticulture-focused airflow solutions and brings Snap-Fan's founder Lucien Eddisford into the Fogco team.
-
December 5, 2022
- Buyer
- Lakeland Industries, Inc.
- Target
- Eagle Technical Products Limited
- Industry
- Manufacturing
- Location
- Greater Manchester, United Kingdom
- Type
- Buyout
Lakeland Industries, Inc. (NASDAQ:LAKE) acquired UK-based Eagle Technical Products Limited in an all-cash transaction valued at approximately $10.8 million, subject to post-closing adjustments and potential earnouts. The acquisition expands Lakeland's protective apparel product portfolio—particularly fire service protective clothing—and broadens its sales presence across the Middle East, Europe and Asia.
-
December 2, 2022
- Buyer
- Continuim Equity Partners
- Target
- Cutting Edge Machining Solutions (CEMS)
- Seller
- Michael Walsh
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Type
- Buyout
Pittsburgh-based private equity firm Continuim Equity Partners has acquired Cutting Edge Machining Solutions (CEMS), a Swiss-style CNC precision machine shop headquartered in Clearfield, Pennsylvania, from Michael Walsh. Continuim plans to use CEMS as the first investment in a new automation-enabled precision machining platform to drive operational improvements and pursue add-on acquisitions across aerospace, defense, electronics and other industrial end markets.
-
December 2, 2022
- Buyer
- Daikin Comfort Technologies North America, Inc., Daikin Industries, Ltd.
- Target
- Venstar, Inc.
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Buyout
Daikin Comfort Technologies North America, Inc., a subsidiary of Daikin Industries, Ltd., has acquired Venstar, Inc., a Southern California–based thermostat and energy management systems provider. Venstar’s smart thermostats, Surveyor EMS and Skyport Cloud services will remain under existing management with headquarters and employees retained as Daikin integrates the technology into its connected indoor-comfort offerings.
-
December 2, 2022
- Buyer
- Hahn & Co.
- Target
- SKC's industrial film business (polyester / PET film)
- Seller
- SKC Ltd.
- Industry
- Manufacturing
- Location
- Seoul, South Korea
- Type
- Divestiture
South Korean private equity firm Hahn & Co. has completed the acquisition of SKC Ltd.'s industrial polyester (PET) film business for 1.6 trillion won (about $1.2 billion). The divestiture reflects SK Group's shift toward eco-friendly businesses while Hahn & Co. aims to expand the unit's presence in electronics, semiconductors and automotive end markets and raise its global market share.
-
December 1, 2022
- Buyer
- Lincoln Electric Holdings, Inc.
- Target
- Fori Automation, LLC
- Industry
- Manufacturing
- Location
- Michigan, United States
- Type
- Buyout
Lincoln Electric Holdings, Inc. completed the acquisition of Fori Automation, LLC and closed a $400 million senior secured term loan to partially fund the purchase. The deal expands Lincoln Electric's automation and engineering capabilities and increases its annualized automation portfolio revenue to over $850 million, supporting its Higher Standard 2025 strategy.
-
December 1, 2022
- Buyer
- AGS Automotive Solutions, 3 Rivers Capital
- Target
- BluDot Manufacturing
- Seller
- Family owners of BluDot Manufacturing
- Industry
- Manufacturing
- Location
- Indiana, United States
- Type
- Addon
AGS Automotive Solutions, a portfolio company of private equity firm 3 Rivers Capital, has acquired BluDot Manufacturing, a South Bend, Indiana-based manufacturer of trailer brake systems and hydraulic brake kits. The acquisition is an add-on to AGS's strategy to expand its OEM and aftermarket braking product capabilities and broaden its footprint in the trailer and recreational vehicle markets.
-
December 1, 2022
- Buyer
- Tide Rock Holdings
- Target
- Adura LED Solutions
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Buyout
Tide Rock Holdings has acquired Adura LED Solutions, a Southern California manufacturer of high-performance LED modules and patented SinkPAD PCB technology. Tide Rock — a San Diego–area strategic holding company — plans to add capacity and integrate Adura's PCB/PCBA manufacturing capabilities to support growing customer demand in the LED lighting market.
-
- Buyer
- Electrical Components International, Inc. (ECI), Cerberus Capital Management, L.P.
- Target
- Manufacturing Resource Group Inc. (MRG)
- Seller
- Bob Marotto (owner of MRG)
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Type
- Addon
Electrical Components International (ECI), a Cerberus-backed global supplier of electrical distribution systems, has acquired Manufacturing Resource Group Inc. (MRG), a Norwood, Massachusetts-based electro-mechanical and cable assembly manufacturer. The deal adds specialized cable, wire-harness and box-build capabilities to ECI's platform and expands its presence in automation, defense and medical end markets while keeping MRG's management and facilities in place.
-
November 30, 2022
- Buyer
- Pelco Products, Inc., River Associates Investments, L.P.
- Target
- TraffiCalm Systems, LLC (and MOR Manufacturing LLC)
- Industry
- Manufacturing
- Location
- Idaho, United States
- Type
- Addon
Pelco Products, an Edmond, Oklahoma portfolio company of River Associates, has acquired TraffiCalm Systems, LLC and MOR Manufacturing LLC to form a national traffic safety and traffic hardware leader. Both acquired businesses will operate autonomously from their Post Falls, Idaho location, with John Ragan remaining president of TraffiCalm and Pelco continuing to integrate complementary product lines.
-
November 30, 2022
- Buyer
- American Roller Company
- Target
- Big River Roller
- Seller
- Founding members of Big River Roller
- Industry
- Manufacturing
- Location
- Arkansas, United States
- Type
- Buyout
American Roller has acquired Big River Roller, a Paris, Arkansas-based industrial roller and core manufacturer, in a transaction that expands American Roller’s capabilities in rubber coverings and core design while extending its presence in the U.S. South. Terms were not disclosed; Big River’s founding members are joining as part of American Roller’s ownership group and the deal has already resulted in expanded service routes and integrated core manufacturing capabilities.
-
November 30, 2022
- Buyer
- Machine Solutions Inc.
- Target
- Intec Automation Inc.
- Industry
- Manufacturing
- Location
- New Hampshire, United States
- Type
- Addon
Machine Solutions Inc., a Flagstaff, Arizona-based provider of equipment and services for the medical device market, has acquired Intec Automation Inc., a custom machine builder headquartered in Rochester, New Hampshire. The acquisition positions Intec as the cornerstone of Machine Solutions' new automation division and expands the platform's automation engineering and manufacturing capabilities as an add-on to its PE-backed portfolio.
-
November 30, 2022
- Buyer
- Walbro LLC, Nova Capital Management, Landon Capital Partners
- Target
- Cascade PowerSports (Cascade Engineering)
- Seller
- Cascade Engineering, Inc.
- Industry
- Manufacturing
- Location
- Michigan, United States
- Type
- Divestiture
Walbro LLC, a portfolio company of Nova Capital Management and Landon Capital Partners, has acquired the Powersports business and assets of Cascade Engineering's South facility in Grand Rapids, Michigan. Walbro will continue operations at the 50,000-square-foot site and retain the existing team; Cascade sold the unit to focus on its large-tonnage business.
-
November 30, 2022
- Buyer
- Ennis, Inc.
- Target
- School Photo Marketing
- Industry
- Manufacturing
- Location
- New Jersey, United States
- Type
- Buyout
Ennis, Inc. (NYSE: EBF), a Midlothian, Texas-based printed products manufacturer, has acquired School Photo Marketing, a Morganville, New Jersey company that provides printing, yearbook publishing and marketing services to over 1,400 school and sports photographers. Ennis said the acquisition expands its reach into the school/sports photography channel and will leverage Ennis’ manufacturing operations to service the new customers; School Photo Marketing will continue to operate from its current locations.
-
November 30, 2022
- Buyer
- Zetwerk Manufacturing
- Target
- Unimacts
- Industry
- Manufacturing
- Location
- Nevada, United States
- Type
- Buyout
Zetwerk Manufacturing has acquired U.S.-based Unimacts, a contract manufacturing and supply-chain services provider focused on renewable energy and industrial products. The deal strengthens Zetwerk's presence in North America and provides immediate access to Unimacts' solar and wind customers, expanded logistics and near-customer warehousing capabilities.
-
November 30, 2022
- Buyer
- Windings Inc.
- Target
- McCully Corporation
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Buyout
Windings Inc., an employee-owned manufacturer of precision engineered motors, acquired McCully Corporation on November 30, 2022. The acquisition gives Windings a California location to accelerate deliveries and expand capacity on the U.S. West Coast while adding McCully's engineering and electro-magnetic manufacturing capabilities for aerospace and defense customers.
-
November 30, 2022
- Buyer
- Tonka Bay Equity Partners, Northstar Capital
- Target
- Standard Locknut, LLC
- Seller
- Dunes Point Capital, LP, Industrial Group Holdings, LLC
- Industry
- Manufacturing
- Location
- Indiana, United States
- Type
- Buyout
Tonka Bay Equity Partners led the acquisition of Standard Locknut, LLC, a Indianapolis-based manufacturer of bearing accessories and components. Northstar Capital provided junior debt and an equity co-investment to finance the transaction; Standard Locknut was sold by Dunes Point Capital (a division of Industrial Group Holdings) as part of Tonka Bay's growth strategy to expand capabilities in engineered manufacturing.
-
November 28, 2022
- Buyer
- Patrick Industries, Inc.
- Target
- Transhield, Inc.
- Seller
- Ancor Capital Partners, Midwest Mezzanine Funds
- Industry
- Manufacturing
- Location
- Indiana, United States
- Type
- Buyout
Patrick Industries, Inc. completed the acquisition of Elkhart, Indiana-based Transhield, Inc., a designer and manufacturer of protective covers and shrinkable packaging for marine, military, and industrial markets. Transhield was owned by Ancor Capital Partners and Midwest Mezzanine Funds; management will remain in place and Patrick expects manufacturing synergies and to leverage its footprint to grow Transhield's aftermarket channel.
-
November 28, 2022
- Buyer
- MPE Partners, Waterfront Brands
- Target
- Tide Tamer
- Seller
- Buzz Shackelford, Brad Griffin
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Type
- Addon
MPE Partners and its portfolio company Waterfront Brands have acquired Tide Tamer, a Snow Hill, North Carolina manufacturer and distributor of aluminum watercraft lifts, docks, and waterfront accessories. The add-on expands Waterfront's product portfolio and Southeastern footprint and brings Tide Tamer's Boat Lift Warehouse e-commerce channel into the Waterfront platform; deal financing was provided by Tree Line Capital Partners, Manulife Investment Management, Northwestern Mutual Capital and LBC Credit Partners.
-
November 28, 2022
- Buyer
- Crown Capital Investments
- Target
- Pacific Yurts, Inc.
- Industry
- Manufacturing
- Location
- Oregon, United States
- Type
- Buyout
Atlanta-based private equity firm Crown Capital Investments has acquired Pacific Yurts, Inc., the original designer and manufacturer of the modern yurt. The acquisition adds the Cottage Grove, Oregon-based yurt maker to Crown Capital's portfolio and aims to support Pacific Yurts' growth, product innovation, and mission of providing quality, affordable, environmentally friendly shelters. Crown said the partnership will enable the company to enhance opportunities for employees and expand its market presence.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.